As Europe Slowly Recovers, the US Heads off the Cliff
What at a year for the European Union. Europe has now fought its way through the worst of its fiscal crisis, and the year ahead will end up being more about recovery than austerity. It may seem strange to hoist…
Apple’s Big Manufacturing Boom to the US—200 Jobs
At the end of last week, CEO Timothy Cook announced that the company intends to invest $100 million next year to relaunch part of its manufacturing operations in the US. Apple and Foxconn, the contractor responsible for manufacturing iPhones, iPads…
The Diminishing Role of the U.S. in the Middle East
You knew something important was afoot when Israel and Hamas, the group that governs the Gaza Strip, agreed to a ceasefire in their missile-trading conflict ten days ago. Secretary of State Hillary Clinton did not broker this deal, as an…
EU Budget Brawl Follows Its Failed Summit
Europe will get its multi-year budget passed–and that’s a “shave my moustache” prediction—in spite of the fact that the European Union failed to reach a budget agreement at a summit in Brussels last week. We do not know the timetable…
Reform on the Back Burner with New Chinese Regime
China has just decided to hold onto an economic, political, and social model that has a proven record of producing high economic growth – a model that never fails to tip over. I have witnessed the collapse of this kind…
3 Foreign Hotspots that Will Test Obama’s Mettle
The “four more years” now stretching out in front of our forty-fourth president will be dense with challenges overseas, and meeting them will be essential if America is to regain a competitiveness already slipping. It would be hard to list…
As Asian Economies Grow, American Influence Shrinks
INCHEON, South Korea—Whoever wins the presidential election this week will have to acknowledge that the Asia we forgot about when we started our wars in Afghanistan and Iraq a decade ago is no longer there. The Asia we now purport…
Has Britain Recovered or Simply Faked a Recovery?
Two recession strategies are competing ever more openly in Europe—two growth models and two economic philosophies that Americans should watch carefully. Just as the choice ahead could change the map of the European Union so could the election on November…
How Long Will China’s Slowdown Hurt U.S. Markets?
China’s economy, after prolonged signs of weakness, now appears to be stabilizing. Good news? That is not clear, because it is stabilizing at a lower rate of growth. The great, big boom years—14.2 percent growth at their rosiest, in 2007—may…
Why China’s Telecoms Should be Kept Out of the U.S.
Last week’s report from the House Select Committee on Intelligence appears to be a good example of China bashing. After a yearlong investigation, lawmakers recommended that two Chinese telecom companies, Huawei Technologies and ZTE, be kept out of the U.S….
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